Question
Topic: Strategy
Expand Marketing Reach Of Assisted Living Facility
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They’ve never done formal marketing before – everybody in the local area knows about them and they’ve never had trouble keeping beds full. For years, they had a waiting list. Because of all the changes in the economy, they are now down in census, and the local market is pretty tapped out. As in, people are not yet ready for assisted living, or they can’t sell their houses so can’t move in. They’re looking to expand their market area to include larger cities nearby (up to 2 hours away by car).
My questions are:
1. Is it possible that we could attract people from outside our immediate area, or would it be better to relocate the facility (I’m not sure if relocating is a real an option)?
2. What would be some of the most effective strategies for doing this expanding our market into other cities?
Thanks for your advice.
Jennifer